The Hindu Business Line : Saturday, August 04, 2007

URBAN DEVELOPMENT
Uproar over plan to sell Vizag hill lands
The proposal of the Greater Visakha Municipal Corporation (GVMC) to sell lands on the hill slopes of Kapparada and Yarada to garner funds necessary for implementing the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) has come in for ... More

EMPLOYMENT
IT jobs will double to 3.2 m in four years, says Nilekani
‘Single ID for citizens a major challenge’ More

Growth meaningless without new jobs: Buddhadeb
The West Bengal Chief Minister, Mr Buddhadeb Bhattacherjee, has reiterated the need for creating jobs for the youth. The country’s economic growth would be meaningless if new jobs were not created to accommodate future ... More

CLIMATE & WEATHER
Mumbai downpour
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ECONOMY
Reservoir levels above average
A more-than-satisfactory monsoon so far has resulted in water levels in major reservoirs of the country currently being 65 per cent higher than the average for the last ten years. As on August 2, the 78 major reservoirs monitored by the Central ... More

EXCISE AND CUSTOMS
Crude palm stearin duty cut to 10%
Mumbai, Aug. 3 Customs duty on imported crude palm stearin (CPS), a key raw material for manufacture of soaps as also fatty acids and fatty alcohols, has been slashed to 10 per cent from 12.5 per cent from August 2.As per notification ... More

FERTILISERS
Indian Potash to import DAP at $495/t
US-based PhosChem will supply 2 lakh tonnes More

FOREIGN TRADE
Reducing ‘trust deficit’
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Call for early trade pact with S. Africa
New Delhi, Aug. 3 The Minister of State for Industry, Mr Ashwani Kumar, has called for an early finalisation of a Preferential Trade Agreement between India and South Africa to give a fresh boost to bilateral economic ties.Speaking at a ... More

PETROLEUM
Ambanis court battle centres on production sharing contract
Mumbai, Aug. 3 The production sharing contract (PSC) between the Reliance Industries Ltd and the Union Government for the KG basin gas field has become the main pivot of argument in the ongoing legal battle between the Ambani ... More

Vanaz Engineers sets up LPG station in Pune
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Seventh round of NELP may be deferred
New Delhi, Aug. 3 The seventh round of oil and gas blocks auction, which was expected this month, is likely to be postponed to the last quarter of this year, by November. Rig shortage and the unresolved issue of gas price have been cited as a ... More

POWER
Nalco crisis: Zonal rlys told to rush coal
Drop in captive power generation due to non-availability of coal More

US commits to assurances regarding fuel supplies
Nuclear co-operation pact made public More

TAXATION
I-T Commissioners told to finalise assessments in search cases
Action Plan identifies areas of revenue gain More

TEXTILES
Workshop on IT in textiles
Coimbatore, Aug. 3 Application of information technology in textile industry will come into focus at the one-day workshop-cum-exhibition on the subject being organised here on August 7 by the South India Textile Research Association ... More

SSI
Microsoft ERP service for small biz
Microsoft India has announced the availability of its Dynamics Suite of Enterprise Resource Planning (ERP) applications as a subscription-service for the Small and Medium Businesses.“SMBs can use these solutions without the need ... More

COAL
Coal India invites parties for methane recovery
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EDUCATION
CFA Institute refunds Rs 9 cr in exam fees
Chennai, Aug. 3 The CFA Institute has announced that it has refunded more than $2.3 million (Rs 9.2 crore) in fees to those candidates who chose not to appear for the June 2007 examinations in India or who travelled to a test centre outside ... More

University of Hyderabad plans big expansion
The University of Hyderabad has lined up several programmes for expansion, besides augmenting student intake.By the end of the 11th Plan, the University would more than double student intake from 3,000 currently and introduce new and ... More

ACCA recognition
BIFE (Badruka Institute of Foreign Education) has been recognised by ACCA (Associated Chartered Certified Accountant) of the UK as their authorised tuition provider. The ACCA programme is a cutting edge programme in chartered accountancy with ... More

REAL ESTATE & CONSTRUCTION
Property expo
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MINERALS
Captive mining for production of gas okayed
New Delhi, Aug. 3 The Government has approved captive mining for the production of gas through coal gasification and liquefaction. An official release said that the under ground coal gasification aims at extracting energy from coal ... More

CINEMA
Satellite rights a dependable revenue source for Telugu film industry
Revenues thru rights sold to mobile cos may go up by 20%: Study More

FOREIGN DIRECT INVESTMENT
TV 18 among 17 FDI proposals cleared
New Delhi, August 3 TV 18 Group, through its Mauritius-based wholly-owned arm BK Holdings Ltd , would invest Rs 202 crore for buying stakein MTV Networks India. This was amongst 17 FDI proposals worth Rs 575.83 crore cleared by the Finance ... More

RURAL DEVELOPMENT
No bidders for TN Govt’s cement tender
Time extended till Aug 13 More

Accredited Loan Providers — A placebo for Rural India?
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INTERVIEW
‘Think beyond BPOs, embrace agriculture’
Tuck biz school professor advises cos More

EVENTS
Programme on HR management
The Institute of Public Enterprises (IPE) will be conducting a six-dayprogramme on strategic human resource management at its premises here from August 6. It will cover strategic HR management, learning instruments in HRD, competency mapping for ... More

EXPORTS & IMPORTS
‘Pak cement by year-end’
New Delhi, August 3 The first tranche of cement from Pakistan would arrive in India by year-end, said Mr Syed Asif Shah, Commerce Secretary of Pakistan. While speaking at a conference organised by industry chamber FICCI on Friday, he ... More